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435 Grand Ave 7,995 SF Office Building South San Francisco, CA 94080 $5,000,000 ($625.39/SF) 4.01% Cap Rate
Executive Summary
Prime Medical Office Opportunity
Exceptional opportunity to acquire a well-located medical office building in the heart of South San Francisco’s established commercial corridor. Positioned on high-visibility Grand Avenue, this property benefits from strong pedestrian traffic, nearby retail amenities, and convenient access to Highway 101, I-280, BART, and SFO.
The building offers a functional medical layout with reception area, private exam rooms, administrative offices, and support space. Ideal for owner-users seeking to control occupancy costs or investors looking to reposition or lease in a high-demand medical market.
Surrounded by established businesses, residential neighborhoods, and biotech campuses, this location provides strong patient accessibility and long-term upside.
A rare opportunity to secure medical office space in one of the Peninsula’s most supply-constrained submarkets.
Exceptional opportunity to acquire a well-located medical office building in the heart of South San Francisco’s established commercial corridor. Positioned on high-visibility Grand Avenue, this property benefits from strong pedestrian traffic, nearby retail amenities, and convenient access to Highway 101, I-280, BART, and SFO.
The building offers a functional medical layout with reception area, private exam rooms, administrative offices, and support space. Ideal for owner-users seeking to control occupancy costs or investors looking to reposition or lease in a high-demand medical market.
Surrounded by established businesses, residential neighborhoods, and biotech campuses, this location provides strong patient accessibility and long-term upside.
A rare opportunity to secure medical office space in one of the Peninsula’s most supply-constrained submarkets.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
7,995 SF
Building Class
C
Year Built
1973
Price
$5,000,000
Price Per SF
$625.39
Cap Rate
4.01%
NOI
$200,594
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,652 SF
Slab To Slab
8’
Building FAR
2.29
Lot Size
0.08 AC
Zoning
CL00C2 - Approved for Medical use
Amenities
- Security System
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Planned Parenthood
- Health Care and Social Assistance
- -
- -
- Triple Net
- Jul 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Planned Parenthood | Health Care and Social Assistance | - | - | Triple Net | Jul 2028 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 3,997 SF
- Office/Medical
- Full Build-Out
- Now
- 2nd Floor
- 3,997 SF
- Office/Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 3,997 SF | Office/Medical | Full Build-Out | Now |
| 2nd Floor | 3,997 SF | Office/Medical | Full Build-Out | Now |
1st Floor
| Size |
| 3,997 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 3,997 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 1
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 012-305-140 | Improvements Assessment | $306,377 |
| Land Assessment | $30,649 | Total Assessment | $337,026 |
Property Taxes
Parcel Number
012-305-140
Land Assessment
$30,649
Improvements Assessment
$306,377
Total Assessment
$337,026
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435 Grand Ave
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